AUD bond spreads narrow the most since 2007

The recent RBA rate cut has made it difficult for AUD-denominated bonds to outperform in the near-term as interest rate differentials between the nation and US continues to narrow, say experts.

  • 08 Aug 2013

The outperformance of Aussie dollar-denominated bonds is expected to decline in coming months, especially as the central bank continues to tighten monetary policy potentially leading the narrowing of yield spreads.

The Reserve Bank of Australia (RBA) cut its cash rate by 25 basis points (bp) to a new historic ...

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